Public Storage (PSA): Today's Featured Real Estate Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Public Storage ( PSA) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole closed the day up 0.7%. By the end of trading, Public Storage rose $2.71 (1.7%) to $158.57 on average volume. Throughout the day, 972,057 shares of Public Storage exchanged hands as compared to its average daily volume of 706,000 shares. The stock ranged in a price between $155.61-$158.81 after having opened the day at $156.63 as compared to the previous trading day's close of $155.86. Other companies within the Real Estate industry that increased today were: ZipRealty ( ZIPR), up 9.8%, Desarrolladora Homex SAB de CV ADR ( HXM), up 8.7%, Supertel Hospitality ( SPPR), up 4.3% and Walker & Dunlop ( WD), up 3.9%.

Public Storage operates as a real estate investment trust (REIT). It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe. Public Storage has a market cap of $27.1 billion and is part of the financial sector. The company has a P/E ratio of 33.0, above the S&P 500 P/E ratio of 17.7. Shares are up 4.7% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Public Storage a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Public Storage as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, expanding profit margins, good cash flow from operations and increase in stock price during the past year. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Gaming and Leisure Properties ( GLPI), down 24.4%, Vestin Realty Mortgage I ( VRTA), down 4.9%, Vestin Realty Mortgage II ( VRTB), down 4.9% and Doral Financial ( DRL), down 4.6%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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